ING Groep NV (MIL:1INGA)
€ 14.724 0.012 (0.08%) Market Cap: 45.82 Bil Enterprise Value: 115.08 Bil PE Ratio: 7.06 PB Ratio: 0.91 GF Score: 68/100

Q1 2022 ING Groep NV Pre-Recorded Earnings Interview with CEO Transcript

May 06, 2022 / NTS GMT
Release Date Price: €8.67 (-5.39%)
Unidentified Analyst

Welcome, Steven. Eventful quarter, again.

Questions & Answers

Unidentified Analyst

Said that, are you ready?

Steven J. A. van Rijswijk
ING Groep N.V. - CEO and Chairman of the Executive Board & Management Board Banking

Yes.

Unidentified Analyst

Agree or disagree. The first quarter of 2022 can be split in 2.

Steven J. A. van Rijswijk
ING Groep N.V. - CEO and Chairman of the Executive Board & Management Board Banking

I agree. It started with optimism. The Corona measures were fading away in Europe and the economy was recovering. And then the 24th of February hit, which was the start of the invasion in Ukraine, and that changed everything.

Unidentified Analyst;Steven J. A. van Rijswijk
ING Groep N.V. - CEO and Chairman of the Executive Board & Management Board

We have a wholesale banking business in Ukraine. How are the people over there?

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